Project 12-1

Select a large corporation and go to its website. Browse the companys website until you find the balance sheet. Often the appropriate tab is labeled as one of the following:

Investor Relations About the Company Financial Reports 10-K Report On the companys balance sheet, find the liabilities.

Requirements

List all the companys liabilitiesboth current and long-termalong with each amount. Read the companys notes to the financial statements and include any details that help you identify the amount of a liability. Compute the companys debt to equity ratio. Bring your findings to your team meeting, compare your results with those of your team members, and prepare either a written report or an oral report, as directed by your instructor.